A number of large and uniqueoil and
gas fields were discovered over the western Arctic shelf of Eurasia.Some of
them were partially appraised. Also, there are three potentially
hydrocarbon-rich but insufficiently studied areas in the region. The discovery
of commercial accumulations there would substantially increase the petroleum
potential of the entire region. These areas are northern Murmansk Oblast, on
the Franz-JosephLand area, and the
North Kara Shelf. It is suggested that oil and gas field discoveries in the
former two areas are most expedient under current conditions. The oil and gas
potential of the northwestern Kola Peninsula is reviewed in more detail.
Cite this paper
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